Set 1 – Item Betting vs. Real-Money Betting
There are two distinct approaches when betting on Dota 2: item betting and real world currency match betting. Item betting is unique to only Valve platform games (such as Counter-Strike: Global Offensive and Dota 2). It was a huge boost to reinvigorating CS: GO and its player base as well as a nice source of income for Dota 2. Real-money betting on sites such as Pinnacle Sports has been active since 2010. Subsequently, bookmakers have realized the potential earnings that eSports can provide to their companies, creating a frenzy of introductory markets. With this article, we’ll be taking a look at both aspects, their pros/cons, and how to get started with each.
Betting with in-game items
In-game item …show more content…
A list of upcoming Dota 2 matches to bet on will also be displayed on the homepage. Below is a step by step process for betting on Dota 2 Lounge:
1. At the very top of the page, two options will be available: Trades and Bets. Clicking on Bets will bring you to the active/upcoming matches section of the site.
a. A list of matches will be available here detailing each team playing, the region, and the projected percentage of each team winning.
2. For this example, we’re going to choose the upcoming Liquid vs. Vega match to bet on. After clicking on the appropriate match, we’re brought to the main match screen.
a. In order to use Dota 2 Lounge, the user must provide their Steam Trade URL. The URL will remain completely anonymous (you can find more information on this here)
b. Potential reward values are also displayed here, as well as a live stream, the number of people who have placed bets, the number of items wagered, and a ton of other information
3. Now that we’ve found the right match and linked up our Steam Trade URL, we can place a bet! Up to four items can be wagered per bet (with a minimum of 1 …show more content…
Users can switch which team they prefer to bet on prior to the start of the match, but they cannot cancel their bet.
Betting with real world currency
Betting has been around for ages, growing in tandem with professional sports league. With the rising popularity of eSports, it was only a matter of time before bookmakers caught up to the growing trend. Popular sportsbooks, such as Pinnacle, Betway, and Bet365, have already established a huge presence. Unfortunately, this market is limited to primarily European and Asian countries because of gambling laws in the United States and abroad.
Is betting with real-money safe?
Inherently, betting with real money is not going to be as safe as betting with in-game items. For starters, personal financial information must be stored on these bookmaker sites for deposit and withdrawal purposes. The safety of having all your information stored and facilitated through the Steam platform is also not available. For this reason, it’s strongly stressed to perform due diligence before placing a bet on any of these websites. Check user reviews for each company, make sure they have active and recognized gambling licenses, and always proceed with caution. If it doesn’t feel safe/right, don’t do it. With that said, Pinnacle, Betway, and Bet365 have been around for quite some time and are considered very
There are two distinct approaches when betting on Dota 2: item betting and real world currency match betting. Item betting is unique to only Valve platform games (such as Counter-Strike: Global Offensive and Dota 2). It was a huge boost to reinvigorating CS: GO and its player base as well as a nice source of income for Dota 2. Real-money betting on sites such as Pinnacle Sports has been active since 2010. Subsequently, bookmakers have realized the potential earnings that eSports can provide to their companies, creating a frenzy of introductory markets. With this article, we’ll be taking a look at both aspects, their pros/cons, and how to get started with each.
Betting with in-game items
In-game item …show more content…
A list of upcoming Dota 2 matches to bet on will also be displayed on the homepage. Below is a step by step process for betting on Dota 2 Lounge:
1. At the very top of the page, two options will be available: Trades and Bets. Clicking on Bets will bring you to the active/upcoming matches section of the site.
a. A list of matches will be available here detailing each team playing, the region, and the projected percentage of each team winning.
2. For this example, we’re going to choose the upcoming Liquid vs. Vega match to bet on. After clicking on the appropriate match, we’re brought to the main match screen.
a. In order to use Dota 2 Lounge, the user must provide their Steam Trade URL. The URL will remain completely anonymous (you can find more information on this here)
b. Potential reward values are also displayed here, as well as a live stream, the number of people who have placed bets, the number of items wagered, and a ton of other information
3. Now that we’ve found the right match and linked up our Steam Trade URL, we can place a bet! Up to four items can be wagered per bet (with a minimum of 1 …show more content…
Users can switch which team they prefer to bet on prior to the start of the match, but they cannot cancel their bet.
Betting with real world currency
Betting has been around for ages, growing in tandem with professional sports league. With the rising popularity of eSports, it was only a matter of time before bookmakers caught up to the growing trend. Popular sportsbooks, such as Pinnacle, Betway, and Bet365, have already established a huge presence. Unfortunately, this market is limited to primarily European and Asian countries because of gambling laws in the United States and abroad.
Is betting with real-money safe?
Inherently, betting with real money is not going to be as safe as betting with in-game items. For starters, personal financial information must be stored on these bookmaker sites for deposit and withdrawal purposes. The safety of having all your information stored and facilitated through the Steam platform is also not available. For this reason, it’s strongly stressed to perform due diligence before placing a bet on any of these websites. Check user reviews for each company, make sure they have active and recognized gambling licenses, and always proceed with caution. If it doesn’t feel safe/right, don’t do it. With that said, Pinnacle, Betway, and Bet365 have been around for quite some time and are considered very